Our experts have experience helping clients enter into equity-release lifetime mortgages and offer comprehensive advice to ensure clients fully understand the products they are entering into and the benefits and risks of a chosen product.
Equity release gives you the option to use your home as a source of wealth to help you achieve your financial goals.
As a full-service law firm, our Equity Release Department can give advice on whether it is right for you, and which products are appropriate. We also have specialists in equity release conveyancing who can help you buy and sell your property or transfer an existing scheme to a different property.
Our conveyancing solicitors get involved in the equity release process once your lender has made a formal offer. We will then take you through each step in the process, ensuring all your paperwork is correct. We will arrange a completion date with your lender and ensure the transfer of money into your bank account.
Equity release is a big step; our experts will help you decide if it's right for you. We'll look at the big picture and devise a strategy that works.
Talk to our equity release specialists call 0808 231 1320
We have offices in Cambridge, Brentwood, Chelmsford, Saffron Walden, Bishop's Stortford and Royston, but we can help you wherever you are in the UK.
Equity release enables homeowners aged 55 and over to access tax-free cash from their home value. The amount is determined by the homeowner's age and home value. Options include a lump sum or a series of smaller lump sums, depending on the product selected.
Equity release isn't suitable for everyone, just like other financial products. However, it can be beneficial for some individuals by releasing the money locked in their property, such as for home renovations, gifting to family, or paying off debts. Consider carefully before using your home to secure additional debts.
Equity release plans must be repaid upon the death of the last borrower or if the borrower enters long-term care. Early repayment is possible but may incur an Early Repayment Charge (ERC) penalty.
Senior Associate, Residential Property
Chelmsford office
Partner, Residential Property
Saffron Walden office
Senior Associate, Residential Property
Bishop's Stortford office
Senior Associate, Residential Property
Royston office
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